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Lexington 02421 Follen Heights
52 Marrett
Photo of 52 Marrett
Sold on Jul 1, 2009

1

Map

$708,500
● House - Off Market

52 Marrett

Lexington, MA 02421
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,968 Ft²
$1,488,449
RealtyHop Estimate
105.30%
Since Aug 1, 2009
MA-Boston
Primary Model

About This Property

Much admired Royal Barry Wills designed cape, at the base of Follen Hill.  Privately situated, on a gentle knoll surrounded by stonewalls & mature plantings. Classic floor plan, offers a charming liv rm, w/ center fireplace and built-in bookcases.The dining rm offers corner china cabinets & views of the rear gardens. With a full shed rear dormer the upstairs bdrms are large with excellent storage.Two first floor bdrms offer flexibility for home office or 1st flr master. Stone fireplace in LL.
Unit Size
1,968 Ft²
Days on Market
-
Land Size
0.69 acres
Price per sqft
$368
Property Type
House
Property Taxes
$646
HOA Dues
-
Year Built
1940

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 months ago (MLSPIN #70872368)

Price History

Date / Event Date Event Price
Jul 1, 2009 Sold
Premium
Sold
Feb 4, 2009 Listed $725,000
Listed
Aug 16, 1993 Sold
Premium
Sold

Property Highlights

Garage
Fireplace

Building Info

Overview

    General

  • Year Built: 1940
  • Effective Year Built: 1940
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 1,185
  • Garage Type: 7
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 30,435
  • Total Building Area: 2,074
  • Gross Building Area: 4,055
  • Building Area: 2,074
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 13
  • Heated Square Feet: 2,074
  • Heating Fuel Type: 6

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000699
  • Standard Land Use Code: 1001
  • County Land Use Code: 101

Neighborhood

  • School District Name: Lexington School District
  • Census Tract: 358100

Zoning

  • Zoning: RS

Geography

  • Parcel: LEXI M:0031 L:000007
  • Lot: 7
  • Municipality: LEXINGTON
  • Latitude: 42.4351
  • Longitude: -71.2157

    Address

  • Full Address: 52 Marrett Rd
  • Address - House Number: 52
  • Address - Street Name: Marrett
  • Address - Suffix Type: Rd
  • State: MA
  • City Name: Lexington
  • Carrier Code: C013
  • 4-Digit Zip Code: 5704
  • Zip Code: 02421

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,452,100

    Appraisal Valuation

  • Standard Deviation: 0.1625
  • Valuation Date: Jan 17, 2024
  • Confidence Score: 79
  • Final Value: 1,292,739
  • High Value: 1,502,933
  • Low Value: 1,082,546

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,117,000
  • Assessed Land Value: $689,000
  • Assessed Improvements Value: $428,000

    Sales

  • Current Sale Recording Date: Jul 01, 2009
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 48
  • Current Sale Input Document Number: 01506132
  • Previous Sale Recording Date: Aug 16, 1993
  • Previous Sale Amount: $365,000
  • Previous Sale Document Type: 43
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Follen Heights

Stats & Trends

Median Asking:

$1,389,000

Sale Price/ft²

$529

Below Asking

0.02%

Average Days on Market

57

Average Home Size

3830 ft²

Average Home Age

42.8 years

Currently For Sale

13 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Rentals Near You

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Last Updated: 4 months ago
Data Source: MLS PIN, MLS# 70872368

Frequently Asked Questions

When was property at 52 Marrett Road built and last sold?
The property at 52 Marrett Road was built in 1940 and last sold on Jan 1, 1970 for $708,500.
How much is this home worth?
The estimated value of the home located at 52 Marrett Road is $746,911.
What are some comparable homes to 52 Marrett Road?
There are currently no comparable homes to 52 Marrett Road.
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